Model N opens Innovation Centre in Hyderabad
HYDERABAD: American software firm Model N, a leader in revenue optimisation and compliance, has opened its new product innovation facility in Hyderabad. The company has announced plans for expansion of its software engineering talent by increasing its focus on diversity and inclusion.
The 70,000 sqft Model N facility, housing 500 employees, was inaugurated by Principal Secretary, IT, Jayesh Ranjan and Model N President & CEO, Mr. Jason Blessing.
Welcoming Model N to Hyderabad, Mr. Jayesh Ranjan said that the company’s presence in Hyderabad reaffirms the city’s growth, and its ability to attract start-ups, venture capital firms, OEMs, policymakers, think tanks, and global technology companies.
“Our state-of-the-art facility in India is a key driver of our business strategy and is highly valued within Model N’s worldwide operations,” said Mr. Blessing. “We aim to keep investing in India, and our target is to keep increasing our engineering talent pool in Hyderabad.”
The Model N Centre in Hyderabad is instrumental in bringing new product innovations to market, such as State Price Transparency Management (SPTM) and 340B solutions that help pharmaceutical manufacturers manage the fluid drug pricing regulation and management landscape.
Through its innovative and market-lead approach, Model N enables life sciences and high-tech innovators to streamline operations, scale strategically, and mitigate risks—currently working with 28 out of the top 30 global life sciences brands and 14 out of the top 20 global semiconductor brands.